SHA:688508 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	392.62	1,099	519.6	709.75
Short-Term Investments	-	171.91	-	-	-
Trading Asset Securities	-	1,306	740.66	380.74	428.32
Cash & Short-Term Investments	2,202	1,871	1,839	900.33	1,138
Cash Growth	17.70%	1.72%	104.28%	-20.89%	15.20%
Accounts Receivable	-	260.81	207.21	139.2	129.82
Other Receivables	-	1.04	1.52	1.57	1.4
Receivables	-	261.85	208.73	140.78	131.22
Inventory	-	309.41	213.3	196.26	101.98
Other Current Assets	-	19.28	42.85	93.26	34.8
Total Current Assets	-	2,461	2,304	1,331	1,406
Property, Plant & Equipment	-	172.29	174.6	169.01	151.51
Long-Term Investments	-	237.06	227.98	168.65	34.82
Goodwill	-	16.92	16.92	16.92	16.92
Other Intangible Assets	-	19.44	23.11	16.22	15.74
Long-Term Deferred Tax Assets	-	37.26	28.94	15.87	6.09
Long-Term Deferred Charges	-	4.45	1.01	1.38	1.59
Other Long-Term Assets	-	0.7	2.12	1.46	1.69
Total Assets	-	2,949	2,779	1,720	1,634
Accounts Payable	-	91.04	70.51	106.14	46.79
Accrued Expenses	-	36.2	29.17	42.03	22.06
Short-Term Debt	-	233.13	119.1	40.01	-
Current Portion of Leases	-	2.45	4.44	3.82	3.03
Current Income Taxes Payable	-	0.4	0.31	0.87	1.23
Current Unearned Revenue	-	5.29	6.83	4.77	4.87
Other Current Liabilities	-	77.65	41.72	18.57	28.72
Total Current Liabilities	-	446.16	272.07	216.22	106.7
Long-Term Leases	-	1.58	5.05	7.28	7.09
Long-Term Unearned Revenue	-	14.29	15.31	25.04	3.87
Long-Term Deferred Tax Liabilities	-	0.78	1	1.22	1.45
Total Liabilities	-	462.81	293.43	249.77	119.1
Common Stock	-	131.31	131.29	113.32	113.1
Additional Paid-In Capital	-	1,899	1,900	963.69	919.95
Retained Earnings	-	627.29	535.08	503.51	481.52
Treasury Stock	-	-166.01	-77.56	-109.94	-
Comprehensive Income & Other	-	0.17	0.16	0.15	0.11
Total Common Equity	2,712	2,492	2,489	1,471	1,515
Minority Interest	-	-5.67	-3.59	-0.35	0.66
Shareholders' Equity	2,712	2,487	2,485	1,470	1,515
Total Liabilities & Equity	-	2,949	2,779	1,720	1,634
Total Debt	347.54	237.16	128.59	51.12	10.11
Net Cash (Debt)	1,854	1,634	1,711	849.21	1,128
Net Cash Growth	13.51%	-4.50%	101.43%	-24.71%	14.18%
Net Cash Per Share	14.43	12.77	14.38	7.47	9.97
Filing Date Shares Outstanding	130.11	127.44	127.99	111.62	113.1
Total Common Shares Outstanding	129.05	127.44	130.1	111.62	113.1
Working Capital	-	2,015	2,032	1,114	1,299
Book Value Per Share	21.01	19.56	19.13	13.18	13.39
Tangible Book Value	2,680	2,456	2,449	1,438	1,482
Tangible Book Value Per Share	20.77	19.27	18.82	12.88	13.10
Buildings	-	137.9	137.93	95.77	53.19
Machinery	-	94.59	78.16	60.01	40.68
Construction In Progress	-	0.38	0.36	36.99	72.51

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.